US, China inch toward trade thaw in Geneva after tariff war hits fever pitch

Quick Summary:

GENEVA, May 12 — The United States and China are set to provide details on Monday of the "substantial progress” made dur...

However, White House Press Secretary Karoline Leavitt later clarified that the United States would not lower tariffs unilaterally.

The two sides have agreed to set up a joint mechanism focused on “regular and irregular communications related to trade and commercial issues,” Li told reporters at the briefing.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaSwitzerlandUnited States

Topics: China Us trade tariffs US Us-china trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 10:11:55 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 569 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 29 words per sentence (average)

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Copyright Owner: © Malay Mail

News ID: 28588741

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